Business •
03 Jan '25
Uganda's government has announced a significant shift in its energy sector with the takeover of electricity distribution and sales, a move expected to lower electricity costs. The Uganda Electricity Distribution Company Ltd (UEDCL) has received licenses from the
Business •
07 Dec '24
Business •
07 Dec '24
Business •
25 Nov '24
For the past five months or so, Uganda Revenue Authority (URA) has been at loggerheads with Uganda’s biggest telecommunications company, MTN.This follows an audit carried out by SafariTech - a Kenyan company tha
Business •
23 Nov '24
The Uganda Investment Authority (UIA), under the leadership of Robert Mukiza, in collaboration with Louis Arinaitwe, the Country Director for Trade at the British High Commission (BHC), has become embroiled in a significant scandal.
Business •
15 Nov '24
The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, the moneylenders’ association has “rejected” the new law, arguing that the government has no right to control what doe
Business •
13 Nov '24
A Ugandan movie is promising to make film lovers turn their eyes and attention to the Pearl of Africa if its potential cast is confirmed. Mr Otim, a movie by filmmaker Isaac Oboth, lists Winston Duke, Brian Ogola, Daniel Kaluya, Melvin Alusa, Forest Whitaker, Ntare Guma, Esteri Tebandeke, Pa
Business •
13 Nov '24
The controversy surrounding human body parts recovered last Friday night in the middle of the road in Masaka City has taken a new twist with police handing them back to medics. News about these human body parts emerged after SGA Security Company guard Bernard Okello, riding a motorcycle,
Business •
11 Nov '24
The transition of FM radio in Uganda in the early 90s was met with many opportunities. Musician Ragga Dee real name Daniel Kazibwe mentions that this is when the Deejay job started to gain respect locally. He notes that music radio hosts progressively imported freestyling from dance club
Business •
11 Nov '24
Financial technology company, Mogo, has said it has obtained a loan facility from Absa to ease access to electric motorbikes. The company, which indicated that it had previously benefited from Absa’s financing at the group level, said the first tranche of Shs5b had been disbursed.